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Loan Modification

: Mortgage Lender Implode-o-Meter

A more comprehensive look at Obama?s proposed financial reforms

By Implode-Explode Heavy Industries

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`` How are people reacting to the plan? Banks seem happy. Arthur Levitt, a consultant to Carlyle and Goldman Sachs, is happy. Ron Paul and most economists ? not so much ? but for very different reasons. This should tell you that the legislation is fairly bank-friendly. But the unhappy parties make clear that there are political constraints.''

Full post as published by Mortgage Lender Implode-o-Meter on June 18, 2009 (boomark / email).

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